Originally posted by anton pulisov
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The Sterling/Euro conversion rate rose to EUR 1.20 on the day of the election and has now fallen to EUR 1.17. It was at EUR 1.18 two days before the election and EUR 1.17 at the start of the month. Other than in the week or so before the GE, EUR 1.17 is as high as it's traded in the previous 12 months. It's hardly in freefall. It's reverted to the point of it's pre-election yearly high.
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